Retail Space in Peninsula
For Sale
Contact for pricing
4410-5100 Kilgore Ave, Hampton, VA
Retail space available in Hampton's Peninsula Town Center.
Property Size29,666 SF
Lot Size0.76 Acres
Price / SF$117.98
Days on Market490
Property Features for 4410-5100 Kilgore Ave
General Information
Standard status
Active
Size
29,666 SF
Lot size
0.76 Acres
Property subtype
RETAIL
Listing Agency:
Riser Retail Group
(317) 844-0700
Listed By:
John F. Riser
(317) 844-0700
Source:
Moodyscre
Added: Mar 29, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Riser Retail Group
Investment Insights
Based on property information with market context.
Located off I-64 at exit 263 (Mercury Boulevard) in Hampton, VA, Peninsula Town Center is a multi-level, open-air, super-regional center. The center features more than 70 specialty retailers, restaurants, luxury apartments, an Element by Westin Hotel, Bryant & Stratton College, professional office spaces, bowling, and a movie theater. The property has 29,666 square feet of retail space available. Peninsula Town Center has 6.6 million annual visits and 1.1 million unique customers, with an 87-minute average shop time.
Key Highlights
- High Traffic Location: Benefit from 6.6 million annual visits and 1.1 million unique customers.
- Diverse Retail and Entertainment: Over 70 retailers, restaurants, a movie theater, and bowling alley provide a wide range of options.
- Luxury Apartments: Enjoy the convenience of on‑site luxury apartments.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $462.8k | $15.60 |
| − Vacancy | −$19.0k | −$0.64 |
| EGI | $443.8k | $14.96 |
| − OpEx | −$133.1k | −$4.49 |
| NOI | $310.7k | $10.47 |
29,666 SF · lease $15.60/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.44M
$3.88M – $5.18M
NOI $310,671 @ 7.0% cap · market cap 8.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.71M
$6.75M – $9.00M
NOI $540,040 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,686
Businesses Nearby
1M
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 19%
Superstores 12%
Groceries 12%
Target
Superstores
126,477 visits/mo
0.1 miles
Kroger
Groceries
72,301 visits/mo
0.4 miles
Chick-fil-A
Dining
53,886 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
47,634 visits/mo
0.5 miles
Raising Cane's Chicken Fingers
Dining
39,631 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- Bodacious Bazaar — 1610 Coliseum Dr, Hampton, VA 23666
- Mercury Plaza — W Mercury Blvd, Hampton, VA 23666
- DeVilla Plaza — 2236 Todds Ln Suite A, Hampton, VA 23666
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space available in Hampton's Peninsula Town Center.
Where is this shopping center located?
The property is located at 4410-5100 Kilgore Ave Hampton, VA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: High Traffic Location: Benefit from 6.6 million annual visits and 1.1 million unique customers.; Diverse Retail and Entertainment: Over 70 retailers, restaurants, a movie theater, and bowling alley provide a wide range of options.; Luxury Apartments: Enjoy the convenience of on‑site luxury apartments.
